DJI Going pretty as per plan Some more room to fall as per the oscillators. May be a bounce is in play from the Trendline or the Support Zones identified before reaching the Target 2.
Blue parallel channel: main price trend channel Purple parallel channel: secondary price trend channel I know I'm missing some crises here and there, but I figured I only need to mark some. The correlations I am able to make is that a high RSI along with an unsavory reason leads to big trouble. Great Depression: credit **(Edit: I forgot to add that the huge run...
Short-term consolidation seems to be over. The Dow-Jones Industrials Average (DJI) is breaking out of the symmetrical triangle to form an ascending triangle. The DJI should continue to rise in the days and weeks to come. Long DJI!
After breaking the symmetrical triangle last Friday, the DJIA's run to 26500 looks likely. I expect a very good next two week; starting with a price target this week of 26000, and 26500 next week. It is fair to say that the Dow could face a lot of pressure from its January high. Therefore I believe that the price will be dancing between 265-266 for a week before...
Looking at the moving average we can see that it is trending hard to the down side. A few days of recovery and considerable buying power has yet to stop the MA trend. We may see an attempt to bring the market back up for a rally, however, all things considered the market had a great run in 2017 and we may have hit an all time high and look to start a correction to...
Is this the end the day after Superbowl? Early February looking good for rebound. But not so quick! And here's why? Get your tin hat on, because this read dabbles into a little bit of conspiracy under the notion that the banks own the world. Think, the scene in Batman (www.youtube.com), Dark Knight Rises where Bane attempts to attack the Gotham football game...
It may be crazy to short the bull, but I think it is time. Weekly RSI is over 90. Should be time to take a step back.
I expect the Dow Jones within a week or so to be hitting a $26225 price point. I definitely say it is bullish and potential resistance could be near. However, the correlations have been seemingly positive and as an index of the general market, it looks like a good position. As a HODL it looks to be a fairly conservative investment strategy to be in your portfolio....
TVC:DJI has been on an up trend, however I am seeing signs of weakness although it is now heading toward the its initial control price area. Chances are that if it cannot break 22200.00 , the reversal may be unfolding... real soon. If it does break, it may go above 22200.00 and beyond. If not, it is highly likely to come back to 21600.00 , 21500.00 level. Key...
Good fit from last pullback. Yesterday was not severe, could easily see more.
Price/action looks like last August, we are now about early Sep.
Hey Traders, Just wanted to pull this simple analysis on DJI (Dow Jones Industrial Average) We had an impulse and a corrective structure, I am sure we can get a brakeout soon, watch for that and then go long for a short term trade. - Hey Traders, Simplemente compartir este analisis en DJI (Índice Down Jones) Tuvimos un impulso y una corrección. Estoy seguro...
Drop had to happen, but neatly at bottom of channel now. 7:1 trade
Pullback today matches Feb 15-17 in time and distance.
Dow Jones Industrial Average Back to 20000
Note how a new lower upper boundary has been established.